Bridgepoint Group (LON:BPT) Hits New 1-Year High at $365.00

Bridgepoint Group plc (LON:BPT)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 365 ($4.82) and last traded at GBX 362.40 ($4.79), with a volume of 67372 shares trading hands. The stock had previously closed at GBX 357.60 ($4.72).

Wall Street Analysts Forecast Growth

BPT has been the topic of several research reports. JPMorgan Chase & Co. raised Bridgepoint Group to an “overweight” rating and raised their price objective for the stock from GBX 259 ($3.42) to GBX 358 ($4.73) in a report on Tuesday, August 13th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 310 ($4.10) price objective on shares of Bridgepoint Group in a report on Tuesday, July 9th.

Bridgepoint Group Stock Performance

The firm has a fifty day simple moving average of GBX 290.92 and a 200-day simple moving average of GBX 256.79. The company has a market cap of £3.11 billion, a PE ratio of 4,700.00, a price-to-earnings-growth ratio of 0.61 and a beta of 1.71. The company has a quick ratio of 3.60, a current ratio of 4.98 and a debt-to-equity ratio of 14.55.

Bridgepoint Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, October 28th. Stockholders of record on Thursday, September 19th will be paid a dividend of GBX 4.60 ($0.06) per share. This is an increase from Bridgepoint Group’s previous dividend of $4.40. The ex-dividend date of this dividend is Thursday, September 19th. This represents a dividend yield of 1.67%. Bridgepoint Group’s dividend payout ratio is 11,250.00%.

Bridgepoint Group Company Profile

Bridgepoint Group plc is private equity and private credit firm specializing in middle market, lower mid cap, small cap, growth capital and buyouts investment. It prefers to invest in advanced industrials, automation, agricultural sciences, energy transition enablers, business services, financial services, professional services, testing inspection and certification, information services, consumer, digital brands, video games, wellbeing products, health care, pharma and MedTech outsourced services, pharma products, and MedTech Products sectors.